Sheepshead Bay Housing Market Trends

Market Overview for Q3 2026

$582K 29.4% Y-o-Y $132K Y-o-Y
$542 12.9% Y-o-Y $61 Y-o-Y
86 6.2% Y-o-Y 5 Y-o-Y
$1.2M 5% Y-o-Y $65K Y-o-Y
Sheepshead Bay Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $710,000 $555,000 $417,000 $458,500
2023 $345,000 $400,000 $460,000 $400,000
2024 $377,500 $437,500 $473,290 $579,000
2025 $499,999 $610,000 $450,000 $450,000
2026 $480,000 $510,000 $582,500
Sheepshead Bay Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $489 $451 $459 $478
2023 $433 $439 $492 $441
2024 $479 $496 $457 $488
2025 $495 $497 $480 $509
2026 $502 $468 $542
Real Estate Transactions in Sheepshead Bay
Year Q1 Q2 Q3 Q4
2022 120 129 128 88
2023 78 75 82 81
2024 78 68 78 87
2025 99 89 81 86
2026 73 82 86
Brooklyn Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $781,500 $790,000 $780,000 $750,000
2023 $739,500 $770,000 $770,000 $750,000
2024 $750,000 $800,000 $800,000 $790,000
2025 $801,497 $830,000 $840,000 $825,000
2026 $840,000 $860,000 $880,000
Sheepshead Bay Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $710,000 $555,000 $417,000 $458,500
2023 $345,000 $400,000 $460,000 $400,000
2024 $377,500 $437,500 $473,290 $579,000
2025 $499,999 $610,000 $450,000 $450,000
2026 $480,000 $510,000 $582,500
Sheepshead Bay Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $489 $451 $459 $478
2023 $433 $439 $492 $441
2024 $479 $496 $457 $488
2025 $495 $497 $480 $509
2026 $502 $468 $542
Real Estate Transactions in Sheepshead Bay
Year Q1 Q2 Q3 Q4
2022 120 129 128 88
2023 78 75 82 81
2024 78 68 78 87
2025 99 89 81 86
2026 73 82 86
Brooklyn Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $781,500 $790,000 $780,000 $750,000
2023 $739,500 $770,000 $770,000 $750,000
2024 $750,000 $800,000 $800,000 $790,000
2025 $801,497 $830,000 $840,000 $825,000
2026 $840,000 $860,000 $880,000

Housing Market Trends by Property Type

Property Type
Median Sale Price
Median Sale Price (Y-o-Y)
Median Sale Price/Sq. Ft.
Median Sale Price/Sq. Ft. (Y-o-Y)
No. of Transactions
Condos
$679K
-2.4%
$711
14.9%
10
Coops
$312K
2.8%
$314
-14.9%
38
Houses
$1.1M
11.9%
$559
4.3%
38

Sheepshead Bay Housing Stock

Property Type
Units
Single Family
2,420
2-4 Family
4,928
Condo
1,851
Co-op
4,336
Townhouse
4
Other
16

Condo and co-op unit counts only include individually owned units. Commercially owned, multifamily-style units are not included.

Neighborhood Risk Trends

Property Type
Buildings in Flood Zone
Buildings in Hurricane Evacuation Zone
Total No. of Buildings

Sheepshead Bay: Demographics

Total population
60,609
Median age
45
No high school education
5.4%
Some high school/college
25.4%
Bachelor's degree
25.6%
Average household income
$88,951
Occupied housing units
25,662
Owner-occupied units
39.0%
Renter-occupied units
61.0%
Median year structure built
1952

Discover Housing Market Trends in Other Brooklyn Neighborhoods

#
Neighborhood
Median Sale Price
1
Carroll Gardens
$1,887,450
3
Boerum Hill
$1,850,000
4
Greenpoint
$1,757,500
5
Williamsburg
$1,750,000
6
Gowanus
$1,725,000
7
Park Slope
$1,695,000
8
Borough Park
$1,652,500
9
Vinegar Hill
$1,625,000
10
Crown Heights
$1,622,500
11
DUMBO
$1,600,000
12
Cobble Hill
$1,562,500
13
Manhattan Beach
$1,500,000
14
Prospect Heights
$1,460,000
15
Fort Greene
$1,440,000
16
Fiske Terrace
$1,400,000
17
Homecrest
$1,362,500
18
Bensonhurst
$1,300,000
19
Bedford-Stuyvesant
$1,300,000
20
Greenwood Heights
$1,255,000
21
Downtown Brooklyn
$1,252,500
22
Dyker Heights
$1,234,000
23
Bushwick
$1,217,500
24
Brooklyn Heights
$1,160,000
26
Gravesend
$1,094,000
27
Midwood
$999,000
28
Bath Beach
$994,500
29
Red Hook
$985,000
30
Georgetown
$985,000
31
Clinton Hill
$985,000
32
Mill Basin
$970,000
33
Madison
$925,000
34
Bergen Beach
$910,000
35
Windsor Terrace
$909,999
36
Ocean Hill
$894,500
37
Wingate
$885,212
38
Marine Park
$850,000
39
Sea Gate
$847,500
40
East Flatbush
$800,000
41
Canarsie
$780,000
42
Old Mill Basin
$765,000
43
East New York
$747,500
44
Flatbush
$710,000
45
Prospect Park South
$676,000
46
Kensington
$675,840
47
Flatlands
$662,238
48
Sunset Park
$658,020
49
Gerritsen Beach
$638,000
50
Brownsville
$599,969
51
Bay Ridge
$591,250
52
Sheepshead Bay
$582,500
53
Ditmas Park
$578,244
54
Coney Island
$450,000
55
Brighton Beach
$400,000

Discover Housing Market Trends in NY State

#
City
Median Sale Price Q3 2026
1
Binghamton
$136K
2
Buffalo
$175K
3
Garden City
$1.4M
4
Glen Cove
$903K
5
Hempstead
$755K
6
Lindenhurst
$627K
7
Long Beach
$846K
8
New Rochelle
$904K
9
Poughkeepsie
$400K
10
Riverhead
$650K
11
Smithtown
$729K
12
Southampton
$1.4M
13
Valley Stream
$765K
14
Watertown
$184K
15
White Plains
$832K
16
Yonkers
$818K